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Buying penny stocks—typically defined by the SEC as shares trading under $5—on Fidelity Investments requires an active brokerage account and an explicit one-time risk acknowledgment. Once enabled, you can trade both exchange-listed low-priced stocks and a limited selection of Over-the-Counter (OTC) securities. 1. Enable Penny Stock Trading

: Review the company’s SEC filings and financial disclosures. Note that many OTC issuers have limited information available compared to exchange-listed companies. 3. Place the Trade

Penny stocks are volatile and often illiquid, making specific order types crucial for risk management. Trading penny stocks - Fidelity Investments

Use Fidelity's research tools to verify the ticker and market venue.

: Enter the ticker in the search bar. Check if the security is listed on a major exchange (NYSE/NASDAQ) or is an OTC security.

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